🎓 GED Exam Prep

In which type of economic system does the government make all major decisions about the production and distribution of goods and services?

A Market economy
B Traditional economy
C Mixed economy
D Command economy

✓ Correct Answer: Option D

A command economy is characterized by central governmental control over all aspects of economic production and allocation. The government owns the means of production and determines what is produced, how much, and for whom.

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